MedAvant Announces Hiring of Industry Veteran as New President, Names Executive Management Team


SANTA ANA, Calif., Sept. 30, 2008 (GLOBE NEWSWIRE) -- MedAvant Healthcare Solutions (MedAvant), a leader in healthcare technology and transaction services, announces a new management team to lead the company forward into its next phase of growth.

Today the company announced that it has appointed Andrew Lawson as its President effective immediately. Mr. Lawson worked for Misys Healthcare Systems from 1999 through 2007, most recently overseeing the integration of the Misys acquisition of Payerpath. Prior to this appointment, he served as President of its Hospital Systems' division, a leading provider of clinical solutions for acute care providers. He also served in several other key senior management roles within Misys Healthcare, including Senior Vice President of business integration. Mr. Lawson led the Misys team in the operational integration of the acute care clinical information management solutions in mid-2001, thereby creating the fifth largest healthcare information technology company in the United States.

"I am thrilled to be joining MedAvant at this time," said Andrew Lawson. "This is truly a new day at MedAvant. The company is now privately held, owned by Marlin Equity Partners, and we have turned to a new page. I look forward to leading a strong and dedicated team of associates, and to the growth opportunities ahead."

Mr. Lawson continued, "As we look to the future it is critical that I am backed by an experienced team of executives who know our industry. I am therefore pleased to announce the following appointments to the management team:


 * Lonnie Hardin will remain in his current role as our EVP of
   Operations
 * Eric Arnson will continue in his role as VP of Business
   Development and Product Management
 * Angela McKenna will join the management team as VP of Account
   Management
 * Karen Rocchi will join the management team as our VP of Human
   Resources."

"I am excited to announce that Andrew has joined the MedAvant team," said George Kase, Principal with Marlin Equity Partners, LLC. "Andrew brings more than 30 years of overall general management experience at all levels with companies operating in the United States, United Kingdom and Europe. His background and experience will be invaluable to MedAvant as it moves forward."

MedAvant recently announced that it has been acquired by Marlin Equity, a private equity firm with more than $300M under management. The acquisition allows MedAvant to pursue an aggressive growth strategy through the investment of new capital into the company.

About MedAvant

MedAvant is a national connectivity network that connects payers with providers in a real-time environment for the purpose of transparently messaging administrative, financial and clinical information in order to lower total administrative costs, improve payer, provider and member relationships, and to ultimately improve clinical outcomes.

For more information, visit http://www.medavanthealth.com. MedAvant is a trade name of ProxyMed, Inc.

The MedAvant Healthcare Solutions logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3540



            

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